Business and Business Environment Assignment -

Learning Outcomes -

• Explain the different types, size and scope of organisations.
• Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure.
• Use contemporary examples to demonstrate both the positive and negative influence/impact the macro environment has on business operations.
• Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors.

Assignment Brief and Guidance -

Task A: LO1 and LO2

In the business world, organizations are of different types, each of these types has its objectives, characteristics, legal status, size, and scope. There are also different structures and functions that relate to the operating sectors. In this regard, in your capacity as business consultant, an investor who is seeking advice on either establishing a business or identifying an existing business has approached you. The investor want you to explain the available options in details, and provide recommendations.

Prepare 10-15 minute individual PowerPoint presentation along with speaker notes, where you will illustrate the possible options and conclude with recommendations. In doing so, you need to cover the followings:

1. Explain different types and purposes of organisations (public, private and voluntary sectors), and legal structures.

2. Explain the size and scope of a range of different types of organisations.

3. Analyse how the structure, size and scope of different organisations link to the business objectives and product and services offered by the organisation.

4. Explain the relationship between different organisational functions and how they link to organisational objectives and structure.

5. Analyse the advantages and disadvantages of interrelationships between organisational functions and the impact that can have upon organisational structure.

6. Provide a critical analysis of the complexities of different types of business structures and the interrelationships of the different organisational functions.

Submission Format - You need to conduct your presentation for 10-15 minute (individual Power Point presentation), where you need to prepare the speaker notes. Then once you have done your presentation, you need to submit both the slides and the speaker notes as one report. In doing so:

• You are required to make effective use of Power Point headings, bullet points and subsections as appropriate.
• Your research should be referenced using the Harvard referencing system.
• The speaker notes should be written in a concise, formal business style using Times New Roman, Font size 12 and 14 for headings, 1.5 line spacing.
• The recommended word limit for the speaker notes is 2,000-2,500 words, although you will not be penalised for exceeding the total word limit.

Task B- LO3 and LO4 -

Organizations, in their different types, mainly focuses on one key aim that is maintaining the business sustainability. The overall performance and sustainability of these organizations is subject to the environment in which they operate. To operate effectively, business organizations need specific resources for their operations. Such as finance (financial institutions), acceptable social norms (society), labour (society), effective market conditions, customers (to sell their products/services), resources (natural and raw- Nature), legal support of the government, etc.

These elements forms the business environment, that does have different characteristics; amongst constantly changing process, unlimited influence of their external factors. It has long term as well as short-term impact; these factors are interrelated. In the overall, they play a vital role in the sustainability of business organisations. Accordingly, organizations needs to be aware and understanding these factors to be able to cope with changes and adapt as fast as possible in order to survive in the market.

In this regard, the investor (in task A above) want you to conduct an analysis of the macro and micro environment of a recommended organization and critically evaluate the impact that both macro and micro factors have upon its business objectives and decision-making. In doing so, you need to include the following:

1. Identify the positive and negative impacts the macro environment has upon business operations, supported by specific examples.

2. Apply appropriately the PESTLE model to support a detailed analysis of the macro environment within the recommended organization in task A above (of your choice).

3. Conduct internal and external analysis of specific organisations (minimum two) in order to identify strengths and weaknesses.

4. Explain how strengths and weaknesses interrelate with external macro factors.

5. Apply appropriately SWOT/TOWS analysis and justify how they influence decision-making.

6. Critically evaluate the impacts that both macro and micro factors have upon business objectives and decision-making.

Attachment:- Assignment Files.rar